While the blockchain is still seeking breakthroughs for real-world applications on its lively stage, a privacy and compliance-focused public chain is brewing a major move. The Dusk project has been quietly working since 2018, and this year is expected to be a turning point for its ecosystem—planning to bring traditional financial assets worth hundreds of millions of euros onto the chain through a series of technical upgrades and product launches.
**Mainnet upgrade coming, EVM compatibility is key**
The main highlight is the upcoming launch of the DuskEVM mainnet in the second week of January. Don’t think this is just a routine upgrade; it’s actually a very clever move. DuskEVM, as the application layer of the Dusk underlying blockchain, directly compatible with the Ethereum Virtual Machine standard, allowing developers to write contracts in Solidity, with final settlement on Dusk’s first layer.
What are the benefits of this approach? For developers, it’s basically free. Ethereum ecosystem developers don’t need to learn a new language; their code can almost be directly ported over. For traditional financial institutions? Even more straightforward—they can use familiar tools to quickly build a new generation of financial applications on an infrastructure designed for compliance. Friction is thus eliminated.
The significance of this upgrade lies in its ability to lower the entry barrier for institutions while maintaining Dusk’s core competitiveness in privacy protection and regulatory friendliness. By combining on-chain settlement with privacy protocols, financial institutions can enjoy the transparency and efficiency of blockchain without worrying about data leaks.
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SandwichVictim
· 4h ago
Dusk was indeed clever this time; EVM compatibility directly delivers a crushing blow.
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DevChive
· 5h ago
Dusk this time is indeed smart. EVM compatibility directly lowers the barrier, allowing developers to participate without relearning, which is a truly pragmatic approach.
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ChainDetective
· 5h ago
Dusk's EVM compatibility is indeed excellent. Lowering the barriers to entry sounds simple, but it's difficult to actually implement.
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RektButSmiling
· 5h ago
EVM compatibility is indeed brilliant, directly capturing developers from the Ethereum ecosystem.
Dusk is aiming to tap into the traditional finance big cake with compliance + privacy.
Again, EVM compatibility—feels like every public chain is competing in this area.
Privacy public chains are finally about to make a move, but unfortunately the market has already been inflated by Arb and Op.
Hundreds of millions of euros moving on-chain? Just listen, but when will it truly go on-chain?
Compliance-friendly privacy infrastructure, this positioning is actually quite interesting.
White-glove service for TradFi, but who will use it? That's the question.
Dusk has been low-key for so many years; is it really taking off this year? A bit期待.
EVM compatibility is good, but the real challenge is the cold start of the ecosystem.
While the blockchain is still seeking breakthroughs for real-world applications on its lively stage, a privacy and compliance-focused public chain is brewing a major move. The Dusk project has been quietly working since 2018, and this year is expected to be a turning point for its ecosystem—planning to bring traditional financial assets worth hundreds of millions of euros onto the chain through a series of technical upgrades and product launches.
**Mainnet upgrade coming, EVM compatibility is key**
The main highlight is the upcoming launch of the DuskEVM mainnet in the second week of January. Don’t think this is just a routine upgrade; it’s actually a very clever move. DuskEVM, as the application layer of the Dusk underlying blockchain, directly compatible with the Ethereum Virtual Machine standard, allowing developers to write contracts in Solidity, with final settlement on Dusk’s first layer.
What are the benefits of this approach? For developers, it’s basically free. Ethereum ecosystem developers don’t need to learn a new language; their code can almost be directly ported over. For traditional financial institutions? Even more straightforward—they can use familiar tools to quickly build a new generation of financial applications on an infrastructure designed for compliance. Friction is thus eliminated.
The significance of this upgrade lies in its ability to lower the entry barrier for institutions while maintaining Dusk’s core competitiveness in privacy protection and regulatory friendliness. By combining on-chain settlement with privacy protocols, financial institutions can enjoy the transparency and efficiency of blockchain without worrying about data leaks.